| TSM latest price $82.2700 (0.97%) ($81.0000 - $82.8400) on Fri. Nov. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.83% (three month average) |
RSI | 87 |
Latest Price | $82.2700(0.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 2.2% a day on average for past five trading days. |
Weekly Trend | TSM advances 14.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) XLK(68%) VUG(64%) VT(62%) VWO(57%) XLY(54%) |
Factors Impacting TSM price | TSM will decline at least -1.415% in a week (0% probabilities). VIXM(-35%) UUP(-28%) TBT(-12%) VXX(-10%) EDOC(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.415% (StdDev 2.83%) |
Hourly BBV | 1.2 () |
Intraday Trend | -0.5% |
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